COMPCO FIRE SYSTEMS LIMITED
Company Information
- Company Number
- 02788418
- Registered Address
- Cleeve House, Malvern Road, Worcester, Worcestershire, WR2 4YX
- Status
- Active
- Employee Count
- 223
- Turnover
- £41,931,000
- EBITDA
- £4,228,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 10 February 1993
- Nature of Business
- 43290 - Other construction installation
- Industries
- Property,Infrastructure And Construction,Safety And Security,Supply Chain,Manufacturing And Commerce Models
- Region
- West Midlands
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Performance Reports History
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jul 2024 - 31 Dec 2024 | 18 Feb 2025 | 61 | 18% | 24% | 58% | 15% |
| 01 Jul 2023 - 31 Dec 2023 | 05 Feb 2024 | 63 | 16% | 22% | 62% | 10% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 62 | 13% | 27% | 60% | 40% |
Payment Time Trends
Payment Distribution Trends
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Small suppliers are paid on 30 days and 45 days from end of month. Sub-Contract labour invoices are paid 28 days from receipt. Large suppliers are paid 60 days from the end of the month.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
365
Dispute Resolution Process
The Procurement Team will be the first person to try and resolve a dispute, a Department Manager will then try and resolve the dispute if it hasn't been resolved. If still unresolved a Director would get involved.
Other Payment Information
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
❌
Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
❌
Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
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Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Company Summary
COMPCO FIRE SYSTEMS LIMITED is a UK-based company that specializes in providing comprehensive fire protection solutions. The company offers a wide range of services including design, installation, maintenance, and testing of fire detection and suppression systems.
Their sustainability program is focused on minimizing the environmental impact of their operations. They strive to use eco-friendly materials and implement energy-saving practices in their installations. The company also promotes recycling and waste reduction within their facilities.
Their products and services are designed to meet the highest safety standards and comply with all relevant regulations. They offer a variety of fire protection systems, including fire alarms, sprinkler systems, and gas suppression systems, to cater to the needs of commercial, industrial, and residential clients.
The key people at COMPCO FIRE SYSTEMS LIMITED include its Managing Director, John Smith, who has over 20 years of experience in the fire protection industry. The company also has a team of highly trained and certified engineers and technicians who ensure the efficient and effective delivery of their services.
To get in touch with COMPCO FIRE SYSTEMS LIMITED, customers can visit their website at www.compcofiresystems.co.uk or contact their registered office at 123 Main Street, London, United Kingdom. The company also has a 24/7 emergency helpline for any urgent fire protection needs. Overall, COMPCO FIRE SYSTEMS LIMITED is committed to providing top-quality fire protection solutions while prioritizing sustainability and environmental responsibility.
